interesting forecast. IMHO, it either drops 4 points tomorrow or it goes up 3 by wednesday. It might gap up at the open to get bears out of the positions, but than I expect a big change. Puts for Wednesday with some calls for protection might be the best. I expected spx to get to 2777 today and it was short by 2 points - so either it covers the 2 points tomorrow and then the big change (drop preferred), or it drops right from the begining as it was close enough to 2777 today to validate a big change. Trade well.
Spy confirms the Sell Signal and COTrend signal issued yesterday and looks like we're gonna make some nice coins on our 275 6/20 puts, redemption has begun, LOL...
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